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After the Metaverse concept failed in 2022, AI took over the spot to become the ‘next big thing’ in technology. Multinational corporations spent billions to build the Metaverse, only to see their projects fail remarkably. Mark Zuckerberg had to fire 11,000 employees after spending more than $10 billion on the failed Metaverse project. Now Artificial Intelligence (AI) is following a similar path, as only 25% of all AI initiatives have generated profits, while 75% of all projects have delivered losses on investments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition The latest report from IBM highlights that just 25% of all AI initiatives have delivered profits as return on investment (ROI). In the report, IBM surveyed around 2,000 CEOs during the first quarter of 2025. According to the majority of the CEOs, the return on investment in AI technology has been disappointing. Billions of dollars are being spent to develop the technology with little to no profits ...

Nvidia Corporation (NVDA) is reportedly eying a new market to expand into: one with the potential to explode like the AI field led by ChatGPT. Indeed, the leading chip-maker is looking to make the next big splash in technology to continue being leaders in that realm. One market that has been capturing more attention recently is the robotics market, where big players like Tesla already are. If Nvidia moves to enter this market, a surge in it could send NVDA stock soaring. Nvidia is now a $3 trillion company, one of the biggest in the world. Its stock soared to Mag-7 status in 2024, thanks to its computer chip technology, which is pivotal to AI technology. Now, the company is looking at the next big business venture that could bring its value to potentially $4 trillion. A report by The Financial Times reveals Nvidia’s plans to achieve this future. It highlights how Deepu Talla, Nvidia’s VP of robotics, believes the robotics market has reached an inflection point where physical...

In what is looking like a hit to the iPhone developer, Apple (APPL) has seen billionaires ditch the tech stock in favor of one company that is poised to surpass it in 2025. Indeed, the company has seen a host of notable names decrease their position in the largest company by market cap. It appears as though they’ve done it anticipating it won’t remain atop the list throughout next year. Apple has recently debuted its first batch of AI products, a move they expected to be huge for the company. However, it hasn’t appeared to have made the impact the company would have hoped. Alongside the ongoing iPhone ban in Indonesia, there are expectations that it is set to be usurped for the foreseeable future. Source: CNET Also Read: Apple (APPL) Keeps Setting Records as Samsung Loses Market Share Why Billionaires are Ditching Their Apple Stock for This Company Set for a Massive 2025 Over the last decade, Apple has firmly established itself as a technology market leader. A favorite...

With the company cementing its status as a top Wall Street investment, many have pondered if Meta (META) can continue this year’s 50% surge and translate it into similar gains entering 2025. Although the company is facing a plethora of questions, it is still set up to be a big winner when the calendar turns. This week, the US announced that a Federal Trade Commission (FTC) antitrust suit against the firm is set to go to trial. Moreover, the company had just been slapped with an $840 million fine from the European Union (EU) regarding its competitive practices. With just two months until 2024 in the history books, could these developments force it to have a slow start to the coming year? Source: CNBC Also Read: META is Up 350% Since 2022 as it Takes on AI Tech Titans Meta 2025 Outlook: Is the Stock Set to Continue This Year’s Performance? There is no denying that Meta (META) has continued to establish itself atop the tech sector. One of the Magnificent Seven, the company has ...

The information technology sector is one that drives off of evolution and development. What has fueled Nvidia’s (NVDA) nearly 200% surge this year has been its necessity in the AI sector. With companies all looking to build on that, could Intel (INTC) enjoy a comeback by embracing the quantum computing sector? The last few years have not been great for computer parts manufacturers. Underwhelming Q2 earnings have seen its value continue to decline, entering a vital October 31st Q3 report arrival. Yet, a shift toward an emerging technology will be key to its continued competition with giants like Microsoft (MSFT) and Apple (APPL). Source: Business Insider Also Read: Intel: Ex-CEO Nearly Bought Nvidia in 2005: NVDA Nears $3.5T Market Cap Intel Could Have Road Back Among Tech Juggernauts With Developing Tech The stock market has shown increased interest in AI-related companies. That boom has been massive for firms that have shown a commitment to investing in its development. Although ...

The newly branded Halo Wallet seeks to broaden its efforts from Web3 to social finance, also known as SocialFi. Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from several investors, including KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners.  1/ We’re thrilled to announce that #KuCoinWallet has officially rebranded to Halo Wallet! With a brand new name, new logo, new UI, new roadmap,  #HaloWallet is ready to innovate the next stage of #Web3 social #crypto wallet! Learn more️https://t.co/GoYVvKdYoi — Halo Wallet (@HaloDotSocial) April 3, 2023 The rebranding exercise aims to expand Halo Wallet's focus from being a Web3 wallet to a broader SocialFi ecosystem. The wallet seeks to integrate a variety of on-chain and off-chain social media protocols, such as Lens and Twitter,...

Set achievable financial objectives and use effective strategies to track progress and achieve success. Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that align with your values and priorities. Here are six steps to set and achieve your financial goals . Define your financial goals Set both short- and long-term financial goals as your first step. Your objectives should be specific, measurable, achievable, relevant and time-bound (SMART). One’s short-term objectives might be, for instance, saving $500 for an emergency fund or paying off $1,000 in credit card debt within the next six months, while their long-term objectives might be setting aside $10,000 for a down payment on a home or investing $100,000 for retirement within the following 10 years. In crypto it’s...

The Chinese internet giant is launching new Web 3.0 solutions including a Metaverse-in-a-Box product and blockchain API services. According to a press release on Feb. 22, Tencent Cloud, the cloud computing branch of Chinese internet giant Tencent, announced that it had concluded multiple agreements with blockchain firms to support the active development of the Web 3.0 ecosystem. Firstly, Tencent Cloud signed a memorandum of cooperation with decentralized blockchain infrastructure provider Ankr to jointly develop a series of blockchain API services for remote procedure call nodes. The new service will be deployed on Tencent Cloud's infrastructure and will provide connections to mainstream blockchain s building on Web 3.0 games and applications.  Secondly, Tencent Cloud said that it reached strategic cooperation agreements with three other blockchain partners, Avalanche, Scroll, and Sui, to accelerate the adoption of Web 3.0 applications. The cooperation between Tencent Cloud ...

According to crypto analytics firm Arkham, at least $4 million of these losses were "preventable losses." The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda's trading accounts. On Jan. 16, a Twitter thread from Arkham Intelligence reported that one wallet under the control of liquidator s has seen a string of "significant losses " due to liquidations, some of which were "preventable losses ." Over the past two weeks being under Liquidator control, the account incurred significant losses: Largest single liquidation: $4.85M Total liquidated amount: $11.5M Preventable losses: $4M+ — Arkham (@ArkhamIntel) January 16, 2023 As one example, Arkham noted that the account ending 0x997 initially had a short position of 9,000 Ether (ETH) ($10.8 million) against the collateral of $20 million in USD Coin (USDC) and $4 million in Dai (DAI), with a net balance of $15.2 million when the li...

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing. Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community and has sparked discussions on the potential benefits and challenges of widespread adoption. El Salvador’s controversial move with its cryptocurrency adoption would not have been possible if it was not due to President Nayib Bukele, who garnered international attention after announcing the Bitcoin adoption plan and passed it into law. The legislation required all businesses within the country to accept Bitcoin as a form of payment for goods and services. As a legal tender, Bitcoin now has the same status as traditional fiat currencies, which worries other regulators, economic experts and many...

Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse. Ripple's CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he's “cautiously optimistic ” about the United States gaining "breakthrough" regulatory clarity for the crypto currency industry in 2023. To mark the first day of the 118th Congress, Garlinghouse shared his hopes of 2023 being the year the U.S. gained regulatory clarity for crypto and added support for regulation is “bipartisan & bicameral.” Today is the first day of the 118th Congress. While prior efforts at regulatory clarity for crypto in the US have stalled, I am cautiously optimistic that 2023 is the year we will (finally!) see a breakthrough. A thread on why… — Brad Garlinghouse (@bgarlinghouse) January 3, 2023 Garlinghouse said the U.S. was not starting with a “blank slate” for regulation, referencing bills such as the Securities Clarity Act, the Responsi...

Zero-knowledge virtual machines have the potential to revolutionize the portability of smart contracts, removing crypto’s last barrier to mass adoption. Very few projects have come close to matching the security and decentralization of the Ethereum network. However, the inherent overhead of maintaining these two critical features has left Ethereum burdened by low throughput and prohibitively high costs. As a result, alternative layer-1 blockchains (L1s) — which normally sacrifice security and decentralization to provide scale — have emerged to nip away at Ethereum’s market share. However, with Ethereum Virtual Machine (EVM)-equivalent scaling solutions bringing high throughput and low transaction fees to Ethereum itself, the question is: Do we really need these alternative L1 networks? Despite a rocky year for the industry, Ethereum is still as strong as ever The risks of sacrificing security and decentralization have been largely materialized with alternative L1s this year. These blo...